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20110701
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NBC
Jul 21, 2011 6:00am EDT
murdoch is waking up in the u.s. after testifying before a parliamentary hearing on the phone hacking scandal in britain. he controls the media empire that includes fox news, as well as the now defunct newspaper accused of illegal hacking, "news of the world." his company now faces an fbi investigation. at least two shareholder lawsuits here in the united states, and the possible standard & poor's credit downgrade. >>> d.c. mayor vincent gray is heading to hollywood. he'll meet with studio and production company executives. his goal is to try to lure more big budget productions to the district. the mayor will be spending three days in l.a. he is attending the summer leadership meeting of the u.s. conference of mayors. >>> 6:50 is your time right now. a new government agency starts today. nicole lapin, anchor of cbs's "worldwide exchange" joins us live with more on that. hey, nicole. >> good morning to you, aaron. a new government agency opening its doors for business today. the consumer financial protection bureau, which was created, of course, by the dodd-frank financial reform bill
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